Declaration of intent signed for hydrogen exports between Canada and Germany

Facebook/Andrew Furey

A declaration of intent was signed in Stephenville on Tuesday night to allow hydrogen exports between Canada and Germany.

Prime Minister Justin Trudeau said that companies are already signing energy deals with Canada adding that the "demand is there". Trudeau added that we cannot rely on countries that will weaponize energy, referring to Russia.

Hydrogen will play a major role in the future energy supply for Germany German Chancellor Olaf Scholz said.

Premier Andrew Furey said that Newfoundland and Labrador has what is required to be a leader in the energy sector.

In a separate deal, the federal government signed agreements with Volkswagen and Mercedes to help meet the growing demand for electric vehicles.